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ECON 386

ECON 386Economics of Latin America (SS)3 credits
Econ 206 or 208 and Econ 204 or 209 with a grade of C or better Admt to COB, All other students can take up to 21 300/400 level Bus crs provided they compt 60 crs w a combined 2.5 GPA.
This course analyzes the economic issues surrounding the economic policies and economic development of Latin American countries. We will examine the persistent barriers to economic development in Latin America, as well as the occasional success stories. Economic principles will be used to understand the root balance of payments difficulties, exchange rate and debt crises, hyperinflation, dollarization, and geographical and income inequalities throughout the region. Also, the course will evaluate Latin American development policies ranging from the import-substituting industrialization policies of the 1950's to 1970's to the market-oriented reforms of the 1980's to the present. Aid policies and international monetary institution advice and plans will be examined. Prerequisites: Economics 206 or 208 and Economics 204 or 209 with a grade of C or better. Admitted Business majors; Admitted Econ Bus majors, Econ COLS majors & minors. All other students can take up to 21 credits of 300/400 level College of Business department courses, provided they have completed 60 credits with a combined GPA of 2.5.